Crude Oil - Bullish Gartley
Updated
There are some amazing setups forming on the charts, here we have USOIL on the 4h chart with a bullish gartley.
Price has broken the daily trendline, I'm expecting a pullback upon completion of the gartley pattern before continuing the move lower.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
If you want more trading inspiration be sure to connect with me on social media :)
Price has broken the daily trendline, I'm expecting a pullback upon completion of the gartley pattern before continuing the move lower.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
If you want more trading inspiration be sure to connect with me on social media :)
Trade closed: target reached
📈 Master the Art and Science of Trading: sixfigurecapital.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.